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OKX latest proof of reserves reveals $8.9B in assets

OKX latest proof of reserves reveals $8.9B in assets

The global cryptocurrency exchange OKX released its fifth proof-of-reserves (PoR) report, a practice it began in November 2022 to boost transparency in the industry. According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ether...

Holding Bitcoin: A profitable affair 88.5% of days

Holding Bitcoin: A profitable affair 88.5% of days

Of the 4,593 days of Bitcoin’s existence as a tradable asset, BTC hodlers experienced 4,065 profitable days — challenging the historical narrative of depreciating volatility in crypto. As a result, holding Bitcoin (BTC) is provably profitable in the long...

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Why Invest in Crypto?

Like it or not, cryptocurrency is practically everywhere these days and no longer just for day traders and nerds. In fact, many traditional businesses are integrating cryptocurrency into their platforms in some form, or using it as a means to launch other types of products. If you’re looking to invest or would like to explore other options follow the button to learn about Crypto Exchanges.

Top 7 ways to earn free crypto

Due to the popularity of cryptocurrency, numerous individuals are searching for means to acquire free crypto. Here are seven methods one can use to earn cryptocurrency without having to invest your own money, including crypto faucets, airdrops, staking, bug bounties...

Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months

Bitcoin (BTC) approached a key weekly close on March 19, with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must “step in” to protect $26,000Data from Cointelegraph Markets Pro and TradingView...

SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse

Before crypto exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down with allegations of misappropriation of users’ funds, SBF was among the most influential crypto entrepreneurs. Before FTX collapsed, a leaked email exchange with a top regulator allegedly...

Euler Finance hacker sends 100 ETH to red-flagged North Korean address

Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely followed the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction...

Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis

The recent fall of major banks in the United States and the need for federal intervention reignited discussions to identify the most effective ways to safeguard the crumbling economies. Comparing the episode to the financial crisis of 2008, prominent economist Peter...

SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report

Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC for just 1 British pound, according to unnamed sources.In a March 18 Sky News report citing unnamed sources, it was...

Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS — Switzerland’s largest bank — is the “only option” to prevent a “collapse in confidence” in Credit Suisse.According to...

US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two years.According to a March 18 Bloomberg report, the MBCA — a coalition of mid-size U.S. banks — sent a letter...

Former Coinbase CTO makes $2M bet on Bitcoin’s performance

Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s (BTC) price over the next 90 days, predicting the cryptocurrency will reach $1 million by June 17. The wager was initiated on March 17, when pseudonymous Twitter...

SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18

Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expenses, according to a court filing on March 15. As per the filing, the...

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